City of Fernandina Beach Press Release
Bob Sasser, Floodplain Manager
The City of Fernandina Beach is pleased to announce that due to improved floodplain management practices, flood insurance premiums in the City are now eligible for an increased discount. These discounts are available because of the City’s participation in the Community Rating System (CRS).
For over 10 years, Fernandina Beach has participated in the Community Rating System of the National Flood Insurance Program (NFIP). Standard homeowner and commercial property insurance policies do not cover flood losses, so the Federal Emergency Management Agency administers the NFIP to meet a vital coverage need. It offers federally backed insurance for people in communities that comply with guidelines for floodplain management.
Participating in the CRS program is voluntary and measures a community’s flood management and preparedness. Points are achieved based on different metrics, and based on points, a community is given a class rating on a scale of 1 to 10. Class ratings equal a percentage discount that citizens can get on their NFIP insurance premiums; the lower the rating, the better the discount. Because the City improved flood management practices during the last review period, the City’s rating went from Class 7 to Class 6, which means another 5% discount for citizens on their flood insurance. Citizens will now see a 20% discount automatically applied to their annual premium.
For more information, please call the City of Fernandina Beach Floodplain Manager and Building Official, Bob Sasser, at 904-310-3135 or email him at [email protected]. For information on the Community Rating System, visit https://www.fema.gov/national-flood-insurance-program-community-rating-system, and for flood safety information, visit www.floodsmart.gov and www.fbfl.us/flood.
January 8, 2014 7:20 a.m.